Activity Lesson 5

Clap Clap Crypto Meme review

A great little Youtube channel called Crypto Daily that is full of great memes.

https://youtu.be/4AX72G7KOPE

The guy in the ‘me watching my crypto in the 5m timeframe’ (1:32 into video) one is hilarious and relatable because of the volatility of the crypto market. His expression goes from happy to ‘oh shit’ to happy again in 5 seconds.

This is the problem. #bitcoin fixes it! KISS!!!


Bitcoin’s decentralized protocol ultimately takes the longest chain and the blockchain carries on.

1 Like

Government wants to ban btc, but who should they ban?
https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcTCqNH8aIa1WCQ-rsgjwRQo8WmLeBy5aAtSbQ&usqp=CAU
Neutral

the song ‘bitcoin will be pump’ is a self-fulfilling monetary prophecy

The above meme shows proof of work. It used to be possible to mine bitcoin with regular cpu’s, but now it’s nearly impossible to do so and requires very high computational power and electricity.

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It shows that bitcoin is digital, and solves the problem of drug abuse.

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Bitcoin is a store of value as opposed to fiat money.

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Meme emphases how fiat currency has a unlimited supply and can be always manipulated regardless of the monetary situation. Bitcoin capped at 21 million coins and cant be manipulated or counterfeited :).

Right now, it looks like a bubble. Like a bubble, it’s still relatively small in scale and the value as a unit of cost is still volatile. However, it keeps growing in acceptance, making it possible to build new economic realities.

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Centralized Monetary Policy

Predictably centralized financial policies are setup to repeat the same mistakes over and over because of greed and the shortsightedness of politicians and banking. Bitcoin is truly a neutral form of money that transfers wealth from the few to the many.

Contrary to gold Bitcoin is verified by a powerful decentralized network and don’t rely on using physical check of its properties to establish if it’s not counterfeited.

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How important it is to understand our monetary system today. Through our past we can build the future and the Federal Reserve that is screwing us today. A private bank that determines how valuable our money is. Bitcoin solves this problem. Bitcoin is limited, anyone can use it whether you are purple or blue. You can’t just create it out of thin air like FIAT money. No one has control over Bitcoin. Bitcoin serves us, not the other way around.

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Altcoins follow Btc as the leader

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This meme kinda sums it up for me. The obvious failure of the fractional reserve central banking system finally giving way to decentralized monies built on secure, tamper free networks beyond the reach of temporary government agents.

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The system like no other!

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Find or create a meme that communicates an aspect of bitcoin (i.e… monetary properties, monetary policy, proof of work or neutrality). Post the meme/gif or a link and add a 1-2 sentence description of what aspect it communicates and why you think it’s effective.

To me, this shows the beauty that is Zuckerberg’s inability to understand he is not above all. We are neutral in the Bitcoin world, not right, not left, not centralized, not above anyone else, I can trade/buy/sell just as anyone else with the cash and internet. Sorry to throw a little shade, but it made me laugh. :smiley:

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Disinflationary money policy whiles demand is increasing.

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Hahaha Very good one!

1 Like